What is Bitcoin?
Bitcoin is a crypto currency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. It was introduced in 3 January 2009 by a person named Satoshi Nakamoto. Transactions are made with no middle men-meaning, no banks!
Why Bitcoin?
Bitcoin can be used to buy merchandise anonymously. In addition, international payments are easy and cheap because bitcoin are not tied to any country or subject to regulation. Small business may like them because there are not credit card fees. Some people just buy bitcoin as an investment hoping that they will go up in will.
People all our the world are saying that Bitcoin will be the Future Currency and it value give up to $50,000 per Bitcoin. Now in 2017 a single Bitcoin value are $21,000 and in 2016 it was $10,000. So in one year it value increased $11,000.
